Customs duty alteration power allows notification-based changes to give effect to pre-commencement foreign agreements, subject to a time limit. The Central Government may, by notification in the Official Gazette, increase or reduce customs duties referred to in section 2 where necessary to give effect to a pre-commencement agreement with a foreign Government. This power cannot be exercised after one year from the commencement of the Act. Every notification issued under this provision must be laid before each House of Parliament as soon as may be after issuance.
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Provisions expressly mentioned in the judgment/order text.
Customs duty alteration power allows notification-based changes to give effect to pre-commencement foreign agreements, subject to a time limit.
The Central Government may, by notification in the Official Gazette, increase or reduce customs duties referred to in section 2 where necessary to give effect to a pre-commencement agreement with a foreign Government. This power cannot be exercised after one year from the commencement of the Act. Every notification issued under this provision must be laid before each House of Parliament as soon as may be after issuance.
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